STMicroelectronics (STM)

• Market cap: $22.1B
• 1 day: 0.53%
• 5 days: -3.30%
• 1 month: 0.45%
• 3 months: -11.92%
• 6 months: -39.50%
• Year to date: -49.10%
• 1 year: -49.86%
• 5 years: -8.38%
• 10 years: 220.03%

About: A merger between Italian firm SGS Microelettronica and the nonmilitary business of Thomson Semiconducteurs in France formed STMicroelectronics in 1987. STMicroelectronics is a leader in a variety of semiconductor products, including analog chips, discrete power semiconductors, microcontrollers, and sensors. It is an especially prominent chip supplier to the industrial and automotive industries.

Employees: 51,323

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.95% more ownership

Funds ownership: 7.2% [Q2] → 8.16% (+0.95%) [Q3]

7% less funds holding

Funds holding: 348 [Q2] → 322 (-26) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 114

15% less capital invested

Capital invested by funds: $2.56B [Q2] → $2.17B (-$385M) [Q3]

27% less call options, than puts

Call options by funds: $149M | Put options by funds: $203M

33% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 79

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 22% upside
• Avg. target: $33 34% upside
• High target: $36 46% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Susquehanna Christopher Rolland 47% 1-year accuracy 74 / 157 met price target	34% upside $33	Positive Maintained	21 Nov 2024
Baird Tristan Gerra 40% 1-year accuracy 10 / 25 met price target	22% upside $30	Neutral Maintained	1 Nov 2024
Craig-Hallum Anthony Stoss 43% 1-year accuracy 15 / 35 met price target	46% upside $36	Buy Maintained	31 Oct 2024